Exam 4: Defining the Project

The criteria for project success include attaining objectives relating to cost, schedule, and revenue.

The intersection of work packages and the organization unit creates a project control point called a cost account.

All of the following are usually included in a work package except

Taking advantage of opportunities to reduce costs or accelerate the schedule are examples of project criteria being classified as ________.

The Work Breakdown Structure is an outline of the project with different levels of __________.

The result of subdividing the work of a project into smaller and smaller work elements is called ________.

The lowest element in the hierarchical breakdown of the WBS is

"To construct a high-quality, custom home within five months at costs not to exceed $150,000" is best classified as

For large companies, the organization breakdown structure is used rather than the work breakdown structure.

What is an OBS and how would you use it to plan a project?

Which of the following is a good example of a Process Breakdown Structure?

In general, work packages should not exceed 10 work days.

Which of the following is not one of the basic classifications of project priorities?

One of the items included on a project scope checklist is the reviews with the customer.

The second step in the defining of a project would be to

The integration of project work packages within the organization's management structure is known as

In a ________ the project is organized around phases or groups of activities rather than the more conventional deliverables.

All of the following are true about work packages except

In a work breakdown structure deliverables are ignored and replaced with activities or tasks that have been grouped in phases.

The intersection of the WBS and the OBS represents a control point, called a cost account.